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(CONCORDBIO) Concord Biotech complete technical analysis [charts+indicators] | Buy/Sell Concord Biotech | (CONCORDBIO) share price targets

Complete technical analysis of Concord Biotech (CONCORDBIO) by charts plus indicators, forecast predictions and share price targets for Concord Biotech (CONCORDBIO)

Showing technical analysis as on 2024-12-17 View latest technical analysis

10 day averaged volume of Concord Biotech is 60396

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	2059.10	2103.50	2103.50	2035.50	1.48 times
16 Mon Dec 2024	2103.50	2117.45	2133.00	2080.85	0.634 times
13 Fri Dec 2024	2111.40	2139.85	2145.00	2095.80	0.511 times
12 Thu Dec 2024	2142.45	2199.35	2206.00	2130.00	0.841 times
11 Wed Dec 2024	2194.70	2124.80	2216.50	2071.05	1.713 times
10 Tue Dec 2024	2093.05	2090.00	2109.60	2072.60	0.754 times
09 Mon Dec 2024	2101.75	2185.00	2185.00	2090.00	0.928 times
06 Fri Dec 2024	2171.70	2195.10	2198.00	2136.10	1.082 times
05 Thu Dec 2024	2198.35	2161.00	2207.00	2140.35	0.972 times
04 Wed Dec 2024	2181.10	2199.00	2220.00	2135.10	1.31 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2024.2 as stoploss in an intra day buy trade for a target of 2100.69. However, stock will show a bearish move below 2024.2.

Share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Target	1472.70
Downside Target	1694.75
Downside Target	1761.60
Downside Target	2004.45
Upside Target	2120.50
Upside Target	2133.00
Upside Target	2145.00
Upside Target	2216.50
Upside Target	2220.00
Upside Target	2664.00

Intraday share price targets for Concord Biotech (CONCORDBIO)

Target Type	Value
Downside Intraday Target	2018.73
Downside Intraday Target	1978.37
Upside Intraday Target	2116.23
Upside Intraday Target	2173.37
Upside Intraday Target	2075.87

Weekly technical analysis of Concord Biotech (CONCORDBIO)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	2059.10	2117.45	2133.00	2035.50	0.445 times
13 Fri Dec 2024	2111.40	2185.00	2216.50	2071.05	0.627 times
06 Fri Dec 2024	2171.70	2145.00	2220.00	2129.90	1.017 times
29 Fri Nov 2024	2127.50	2073.00	2145.00	2004.45	0.788 times
22 Fri Nov 2024	2019.30	1929.95	2045.00	1844.95	1.206 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Concord Biotech (CONCORDBIO)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	2059.10	2145.00	2220.00	2035.50	0.513 times
29 Fri Nov 2024	2127.50	1832.35	2145.00	1795.00	0.776 times
31 Thu Oct 2024	1830.30	2035.35	2120.50	1761.60	0.21 times
30 Mon Sep 2024	2032.55	1700.00	2664.00	1694.75	2.534 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Concord Biotech (CONCORDBIO)

Price action analysis of Concord Biotech ( (CONCORDBIO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Concord Biotech ( (CONCORDBIO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Concord Biotech ( (CONCORDBIO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Concord Biotech ( (CONCORDBIO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Concord Biotech stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Concord Biotech in short term but the sell signal is initial and weak.

Concord Biotech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Concord Biotech in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Concord Biotech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2141.2 and Concord Biotech (CONCORDBIO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Concord Biotech (CONCORDBIO) stock. Volume based technical analysis of Concord Biotech (CONCORDBIO) stock is negative.

Concord Biotech Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.